The impact being seen in the accounting profession is likely to be felt similarly in other professional service sectors.

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One reason may be the impact of Brexit: the number of EEA nationals leaving the UK is at a 10-year high. This has impacted sectors across the board, including in the accountancy industry. As a result, employers may have to look further afield to attract workers with the required skillset who are willing to come to the UK in order to work.